L&G Digital Payments UCITS ETF USD Acc

Issuer: L&G ETFs

Asset Class: Equity

TER: 49bps

Trading Currency: GBX

Pays Income: False

Listing Date: 27 May 2021

Ticker: DPAG

ISIN: IE00BF92J153

The secular shift from physical cash to digital transactions represents a powerful, long-term structural trend driven by technological innovation, the relentless growth of e-commerce, and evolving consumer preferences. This investment vehicle is designed to capture the growth potential of this global megatrend. It offers investors targeted exposure to a portfolio of companies at the forefront of the digital payments revolution, positioning them to potentially benefit from the ongoing transformation in how people and businesses exchange value for goods and services worldwide.

The underlying portfolio consists of companies from across the entire digital payments ecosystem. This includes established credit card networks, innovative payment processors, cutting-edge financial technology (fintech) platforms, and e-commerce payment solution providers. By investing in a diversified basket of these specialist firms, the fund provides comprehensive access to the sector's value chain. The holdings are selected from a global universe, spanning both developed and emerging markets, which accurately reflects the worldwide nature of this technological shift. The strategy is built for long-term growth by focusing on the companies developing and operating the critical infrastructure for an increasingly cashless society.

This thematic investment may be suitable for individuals seeking to add a high-growth, technology-focused component to their existing portfolios. It particularly aligns with investors who believe in the long-term displacement of physical currency and the continued expansion of online and mobile commerce. By focusing specifically on the digital payments sector, it offers a more concentrated exposure to this theme compared to broader technology or financial sector funds.